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<br /> BOA�OMER Ail�D TgIB 9aFOA� B�Gqlli�it .
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<br /> �� '�• BorroWer, whet.�ter one or aore, nt►darataa�d• that the doaus�nt ,
<br />�!�'_.ti.� , r , that ths 8oxrwrer ia aboat to �xecute i� a De�d o! Trust and _ng,�,�� ��
<br /> �.=���_ � �ortgage und that tihe po�er o! sale providad �or in th� D+Nd—o! ,._
<br /> .^.�.--:;.�.�;,� Traat providas aubstan�ially di!ler�nt rigttta and abliqation� !o
<br /> -- _"�'���'"`�`�r th� So�crauar than � mortgage in the event of a delaulti or bx�each
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<br />--" ,,, � �p o� obliqation uader tha Oae� o� Trust, including, but no� bf�ta�l
<br />-,�. .:- � c;t.�:.-�_ ��. to. tihe Lsnder's right to have t.ba Prope�sty sola by tli� ?rusts� . . .
<br /> .Y Mithout any iudic3al proceed3nq. Borronar r�prasant� and
<br /> '„:,.•`. ; : ; :.��: varr+�unts that this ack�nowleaqes�ent v� exacatad bg..it be�os� th�
<br /> �^"`,. :�`x . execatio� ot tl�e D�ed of ?su�t.
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<br /> i���.;,':�,�.',��.�.,. -�'� CONSTROCTION SECIIRITY AGREF.MENT
<br /> �'�"' D�D OF TROST
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<br /> �� .: � ! ' f� Intendinq to create a Constru�ction Se�n�it�p Aas�erest in
<br /> + ti .,;- , ;,;yr i..� ,�, ` accordance with the Nebsaska Construction Lie� �►�t, �is DESD OF
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<br /> r.� �,. TRUST ie mad� as of the 25Q�n_ day of Mar�� , 19 93 , b�,v and
<br /> - �i�''. � ti��;�`•i•;�' ..',' 1i��1'08@ -
<br /> .':r;��. ' amonq the T�'o���or, �t c a �.���an 6 italiea Leaa�►a„_l�a�'b�c] 1� Wife .
<br /> 1�'�`�`�' � mailinq addre,zs As � 2�R29 Fortworth Court Graad Island P➢E 66801
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<br /> :;;;•,°.' � :i�"��a (herein "Borrower", � et er one or more , t e Trust��, __
<br /> `at�",, ., -- ... , Attorney at Law, whose m��
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<br /> ��:,, • • •; 8 ress s 104 North Wheeler Ave.. Grand Island� NE 68801 (herei� _,
<br /> .���:�� ; �� MTj,"u8�.'@e~�, and the Beneficiary, T OVERLAI�ID NATIONAL 811RX �P
<br /> y;. . ,�.;,. : ... .. - GRAND i3LAND, whoae mailing address fa 304 West Third Stree�,
<br /> �"z� �.- -� . p. �. 8ox 1688, Grand Island, Nebraeka 66802-1668 (herain .
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<br />;' ,, � "I.��na�er") .
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<br /> � 1� ,;:;��;};,;;' �� � .' , FOR VALUABLE CONSIDER1�1Ti0N, including the indebtedness
<br /> ' ;+`'�� �''.�;1r.��>: � �; •,. ider�tified herein and trust fi�rein created for the purpose o# ,
<br /> , �",•� :;�; ;'.{�'.:; maDrinq improvements to the rcea� estat� herefnafter de�cribed, th�s .�`';,
<br /> � ���� ���,• � reeeipt of which as �ae�eby acknowledqed, Horrowe� hereby
<br /> . . irrevocably grants, tran$fers, conveys and assigns to Trustee, IN �'
<br /> � TRUST, WITH POWER OF SAL�, for the benefit and security of
<br /> " Lender, under and subject t� the texms and conditions hereinafter .
<br />; � f�� �� se� forth, the real property, deacsibed aa follows: ,
<br /> • ..•�:'� ' Lot Four (4), Block Three (�), George Loan's Subdivision ; �
<br /> ' � to the City of Grand Island in Hnll Counri. Ncbrs�lta, and '
<br /> � � also that aart of vacated Poplar Street as shown �n
<br /> � �" � ''�` Ordinance "10 5380, filed Aaril 4. 1973 in Bootc 2�0, ' �
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<br /> :� ..�� ,', n ioo an the Re¢iatex of Deeds Office. . ,
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<br /> ��i�t,;:; � �� Together with all b�ildings , improvements, fixtures,
<br /> .,�..:
<br /> l.�.. • � ' streets, alleys, pas�ageways, eas�ttte:s.ts, riqhts, privileqes and -
<br /> • � � ,,-' ag�purtenances locatec� thereon or �m .anywise pertaininq thereto,
<br /> ���;� � " ar�d the rents, is�r�es and profits, reversions and remain8ers
<br /> _, � r. � �h`_o:f, ?�,A �u�h nersonal droperty that is attached to the
<br /> ; improvements so as to constitute a f ixture, includinq, but not _,
<br /> limited to, heatinc� and cooling equipment; and together a�tFc the
<br /> ' homestead or mazita2 interesta, i f any, urPiirh irotesests are -
<br /> � ;� hereby released and wafvPd; all of which, includ�ag replacercents =.
<br /> . . � � and additions thoreto, fs E�ereby declared to be a part o� the
<br /> real esCate secured by tP�e Ifen of this Deed of Trust and all of
<br /> � � • the foregoinq being referred to herein as the "Property".
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